According to recent reports, Punjab National Bank (PNB) has written a letter to Nirav Modi, the kingpin behind the largest banking scam, to repay the entire amount as soon as possible and also expressed their views of not agreeing to any kind of settlement with him.

An unidentified lawyer for Choksi told Reuters that he was unaware of the new allegations, and refused to comment.

The RBI issued a circular asking the banks on Tuesday to stop issuing LOUs and Letter of Comforts which acts as an assurance for payments extended by a third party, for imports into India with immediate effect. It will also put companies that have received credit based on LoUs in a spot, as they have to now repay their borrowings since there will no rollover of existing LoUs.

These bank ensures purportedly helped Mr Modi raise here and now credits from outside branches of Indian banks to pay to providers of crude material, for example, unpleasant stones.

The RBI notification further said that Letters of Credit and Bank Guarantees for trade credits for imports into India may continue to be issued subject to compliance with the provisions. Recent reports also highlight that, billionaire Modi has refused to join the CBI investigation related to the case, citing that he has a business overseas. "A LoU does not have these details and when it is not linked to the banking system it can not be traced, like it happened with PNB".

Ajay Sahai, Director General of exporters' body Fieo said that the RBI decision should have very little impact on trade as bank guarantee and letter of credit continue to be available.

LoUs and LoCs are used widely in several industries including gems and jewellery, oil and gas, electronic goods, solar panels and metals. The CBI has registered two separate FIRs in the fraud and most of the accused are common in both cases.

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In this fiscal to date, CPI inflation averaged at 3.5%, a sharp slide from 4.6% for the same period in fiscal 2017. The Consumer durables and Consumer non-durables have recorded growth of 8.0percent and 10.5% respectively.

Another passenger, Maggie Gremminger , told People a flight attendant told the pet owner to move the carrier her dog was in. When the woman was forced to place the dog in the overhead bin, Gremminger exchanged glances with the man next to her.

Denying that his move was linked to the worrying trends for the ruling BJP, Rautela said, "The counting of votes is underway". The Bahujan Samaj Party (BSP) and the Rashtriya Lok Dal (RLD) have extended support to the SP candidate.

While Angilau's family decides if they will appeal the decision, their attorney is happy the public will at least see the video. Faces of nearly all the people present inside the courtroom at the time, including the judge is blurred in the video.

Iran, of course, doesn't have a nuclear weapons program, and didn't have such a program for years before the deal was made. His comments centered on the deal addressing USA and worldwide concerns about Iran having a nuclear weapons program.

Valera filed his nomination as an independent candidate with the support of 10 Congress MLAs, PTI reported citing sources. Gujarat Chief Minister Vijay Rupani, Patel and state party president Jitu Vaghani, who is also an MLA, held a meeting.

Both teams are effectively playing for second, with Man City a massive 18 points head of Liverpool at the top of the league. Jose Mourinho's side stand every chance of going through after bringing a 0-0 back from their first leg away to Sevilla .

Maken had given good suggestions, including asking the government to move the Supreme Court and meeting the monitoring committee. From AAP, among those who were present included AAP's Rajya Sabha MP Sanjay Singh and MLA Somnath Bharti.

Federer and Delbonis will return to centre court on Sunday, tournament organisers confirmed. He then chose to stop and have an operation to heal his elbow injury.

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